Walter L. Jones and Walter L. Jones Development Corporation, Inc. v. Niagara Frontier Transportation Authority (Nfta)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that, in a suit brought against a corporation’s contractual counterparty, even a sole shareholder “does not have standing to assert claims alleging wrongs to the corporation”
• upholding the district court decision that plaintiff “did not have standing as an individual because the claims asserted all involved injuries to the Corporation”
• explaining that, even though the plaintiff shareholder may have faced the risk of financial loss as a result of injuries to the corporation, “[a] shareholder—even the sole shareholder—does not have standing to assert claims alleging wrongs to the corporation”
• affirming dismissal of complaint where plaintiff’s president and sole shareholder “refused willfully and repeatedly to answer any questions at a court-ordered deposition”
• affirming district court’s dismissal of complaint to sanction plaintiff who repeatedly and willfully refused to answer questions at court-ordered deposition
• dismissing a claim asserted by a corporation’s sole shareholder and president for “defendants’ failure to award contracts” to the corporation

Source: CourtListener parenthetical corpus (CC0).